The cognizant actual layoff figure is around 26000 and they are firing guys by giving poor rating.
TCS is culprit for billing rate mess and loss of value for tech services
dirty practices of indian firm TCS /wipro/techm/hcl led to crash in tech billing rates as these Indian firms consider employees as coolies who must be exploited. The affordable housing of tata's costs about 10-15 million rupees and keeping increasing... — read more
Automation is a big scam
First of all Automation is a big scam or a mask to hide their company status. Suddenly people who r super smart can't learn n upgrade themselves to these changes? when companies can take cost of an employee and have no projects they r playing this... — read more
IT managers - Start counting for your PINK SLIP days
Companies will cut the managers like vegetables. Because they are not billable and do nothing but politics. They are much expert in doing nasty politics (KATHI KARA) and have master degree in it, some are even Phds. Now, they need to find jobs in... — read more
Underperformers
Yes cognizant lays off anyone just like that if u get low rating and even if u r in a project . So many internal politics . May be the company isn't doing well. Very unfair to give in news as underperformers and layoff . They are ruining the life of... — read more
This is going to happen in IT services. Other companies are also planning to layoff. Just wait and watch. And be prepared to face the pink slip.
This is going to happen in IT services. Other companies are also planning to layoff. Just wait and watch. And be prepared to face the pink slip. IT managers will be the 1st target as they do not have any technical skills. So, managers will face the... — read more
see the latest fad in Indian IT services - over 35 means ur fired
see the nasty practice indian management. All techies over 35 are considered outdated and fired. The news press release of top Indian IT services CEO... — read more
LayOff
Because of IT Sector, the cost of living has gone high and few people who belong to other sector are finding difficulty to lead a good life in a Metropolitan City. One day US , Uk based companies will stop outsourcing as they will get enough manpower... — read more
Gurgaon workers fear layoffs!
http://www.hindustantimes.com/gurgaon/gurgaon-cognizant-staff-worried-about-reports-of-mass-layoffs/story-zdLmrBNJ9qnqkqG8G0RceK.html
CTS US Question - Severance Pay
Where I can find severance pay information? I don't want to ask HR. Thank you!
The issue is: the very way IT services are being delivered is inherently changing!!!
Add to that, America’s growing protectionism movement - this all is making most offshore business models difficult. Finally, our clients now want a higher degree of automation - look at all digital services they are buying, and that's a huge chunk of... — read more
Where they will go
We had never expected such kind of news from Cognizant but Cogni also started doing this. Now cognizant employees are also no more safe.. Persons who r having loans and other responsibilities too, Suddenly where they will go??
Working at Kolkata location
I have very bad experience at Kolkata location. I am not Bengali and Bengali plays very dirty politics. After working very hard for 1 year 8 months (I JOINED CTS IN FEB) I got my first rating that too EM.my project was in critical stage and that was... — read more
layoff started six months ago 5000 already made to go
layoff started six months ago 5000 already made to go by moving onto bench and prevented from getting project. -labelled as outdated as they worked as per client requirement on legacy technologies. this layoff news is paid news deliberately published... — read more
Now my manager gave me 4th bucket
Its only 6 months that I have joined CTS... I had got a project on October and it lasted till January first week.... I am working on Salesforce technology and I have a bond of 2 years with CTS... I did not get much opportunity to show my work... — read more
It's painful
It's just downright painful to go to work these days. The waiting is really dragging everybody down. Any so called efficiency is more than shot now. Nobody's smiling, nobody's enthused, nobody cares, nobody knows if they will have a job tomorrow... — read more
https://twitter.com/TheLayoff/status/842884180610437122
https://twitter.com/TheLayoff/status/842884180610437122
Time to go, fast...
What have been your experience with headhunters?
Kindly stop layoff
I wonder that, all these comments shared by above. I found this the place and I can also share my bad experience with CTS Management. They have worst mentality in-terms of putting pressure on getting revenue on it and no manes to handling the people... — read more
First time I got lowest rating
I am having 12+ years of experience in USA and i had very good name with companies where i used to work. I got trained from company did certifications and work experience too. First time I got lowest rating. My husband had surgery and cont go to work... — read more
Better opportunities are ahead
It's a challenging time in the IT industry, this is perpetuating everyone's fear. Add to that a hefty dose of political uncertainty, you can see it more clearly now: fear of job loss is real. Yet, everyone will survive. This is not the last place to... — read more
Accenture is also deploying the same 4th bucket technique to layoffs in India
I saw it on their board here https://www.thelayoff.com/t/Lt4M68N or direct link @Lt4M68N
10,000+ To Be Laid Off at CTS, The Business Standard Speculates
http://www.business-standard.com/article/companies/it-woes-cognizant-may-slash-more-than-10-000-jobs-117031800849_1.html
Unfair and Unfortunate - Fourth Bucket Given to Good Performers Too
This is very unfortunate that managers are forced to give forth buckets even though the associates are performing well. The associates performing well this year than last year got the forth buckets. It all depends on the your relation with the... — read more
Nepotism at its core!
It's unbelievable how a habit such as smoking could have a say in your career. A person with 0 IT experience is been given one opportunity after other to get billed. This person does all the chores of the manager in question and also networks with... — read more
Is it true that Cognizant is planning a massive layoff next month (April 2017)?
I see many posts here on possible layoffs and also i see that the 4th bucket folks are being asked to leave voluntarily or they risk being fired. I've heard that we at CTS may be having mass layoffs next month and I wanted to see if any one had more... — read more
Cognizant Fourth Bucket Rating
It is happening in India too. Cognizant is laying off people purposely giving them fourth bucket in spite of working really good and make employees sit in bench without assigning any projects. It happened to one of my very own colleague who has even... — read more
NO PROJECTS!
I'm a current employee of CTS - joined six months ago, at a Senior Level. Now, I got a 4th bucket rating and I am being asked to leave in a month or so (e.g., resign and get lost) and the reason is "NO PROJECTS" that's the bottom line, I pity CTS for... — read more
Confirming 2017 layoffs
I have it on very good authority that Cognizant is faced with 0 revenue growth and is trying to keep profitability by cutting $1B from its budgets. After 11 years with the company I received $0 bonus this year for the first time ever! My layoff date... — read more
WHY NO POSTS THIS MONTH?
Are people afraid to post truth?
Layoff in India with 56 days
Cognizant India keeps you on bench for 56 days and do not find project & make you resign.
Blood bath
They laid off or benched nearly 20,000 people globally today. 20 in my company. The handwriting has been on the wall since 2Q. We opened 2 additional offices and staffed up in a frenzy of hiring in anticipation of new business. Who the heck does... — read more
Cognizant Layoffs 2017
It's all OK when it comes to executive bonuses, but at the same time there are many rumors about layoffs in Teaneck.
It's not Cognizant Technology Solutions it is Chennai Technology Solutions.
South dominance is too much, lot of politics, Directors and Above feel they are GOD.. they treat employees very badly.. lack of clarity how this organization is going to shape up...
Chennai / Appraisals / Cognizant
I am working at Cognizant, Chennai. I just want To convey my personal experience about appraisal. On my first year, I got first bucket and then second year second bucket since I got promotion on that year and my manger asked to my lead that how would... — read more
Expertise Lost at CTS
I've seen many cases when really good and very experienced people leave Cognizant (a total waste of talent and expertise) because of annoying micro managers and team leads who seem to lack good interpersonal skills. While money and promotion is a... — read more